Mortgage loan officer: Bob Gerson, California Bank & Trust. Property type: Lot purchase in Kenwood. Appraised value: $740,000. First mortgage: $475,000. Second mortgage: 2/1 Adjustable-Rate Mortgage amortized at 10 years with investor program rate of 5.375%. Backstory: In April, another lender passed my name along to some clients to see if we could do a […more]
Posted in: San Francisco
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